Metallurgical coal prices on the U.S. spot market fell this week because of slack demand, Energy Publishing Inc. said today.
Low-volatility coal decreased $3.87, or 1.9 percent, to $201.13 a ton and high-volatility coal dropped $1.75, or 0.9 percent, to $187.50, according to Energy Publishing.
“Price sentiment hasn’t collapsed on the buy or on the sell side, though it has gotten more bearish,” the data provider wrote in a weekly report.
Energy Publishing says it surveys buyers and sellers of coal to determine pricing.
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